$SAP SE(SAP)$ SAP insiders have been buying aggressively into the weakness, which I see as a strong confidence signal. Thomas Saueressig bought 1,500 shares at €178.30 on Aug. 26 for about €267,450. Gina Vargiu-Breuer purchased 1,700 shares at €179.15 on Aug. 12 for roughly €304,551. Before that, Dominik Asam reported a purchase on July 27, and CEO Christian Klein bought 2,435 shares at €133.56 on July 24. SAP's own investor-relations page confirms all four transactions as purchases.

To me, this is notable because several senior executives are putting their own money into SAP shares while the stock still trades well below its previous highs. Insider buying never guarantees rising prices, but a cluster of purchases within a short period can be a meaningful bullish signal.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet